Advertisement
In this June 24, 2021 photo, lumber is piled at a housing construction site in Middleton, Mass.  Rising costs and shortages of building materials and labor are rippling across the homebuilding industry, which accounted for nearly 12% of all U.S. home sales in July. Construction delays are common, prompting many builders to pump the brakes on the number of new homes they put up for sale. As building a new home gets more expensive, some of those costs are passed along to buyers.  (AP Photo/Elise Amendola)
Prices having spiked this year amid shortages of manufactured goods and components, from cars and computer chips to paint and building materials.
Jobless claims rose by 16,000 from the previous week
One national economist said buyers are getting more patient, while another sees the market starting to level out.
The administration also is taking steps to crack down on imports of HFCs, greenhouse gases that are thousands of times more powerful than carbon dioxide

Latest

  1. [Getty Images]
  2. Then-state Rep. Jamie Grant, R-Tampa, in Tallahassee in 2019.
  3. Sen. Darryl Rouson, D-St. Petersburg, called the director of Florida's medical marijuana program to testify at a hearing of the Senate Agriculture Committee on Thursday, Sept. 23, 2021.
  4. In this June 24, 2021 photo, lumber is piled at a housing construction site in Middleton, Mass.  Rising costs and shortages of building materials and labor are rippling across the homebuilding industry, which accounted for nearly 12% of all U.S. home sales in July. Construction delays are common, prompting many builders to pump the brakes on the number of new homes they put up for sale. As building a new home gets more expensive, some of those costs are passed along to buyers.  (AP Photo/Elise Amendola)
  5. President of South Africa Cyril Ramaphosa speaks via video link during the 76th Session of the U.N. General Assembly at United Nations headquarters in New York, on Thursday.
  6. Sara Fludd, owner of Pop Goes the Waffle, will open a brick-and-mortar cafe in Gulfport next year.
  7. Speaker of the House Nancy Pelosi, D-Calif., joined from left by Treasury Secretary Janet Yellen and Senate Majority Leader Chuck Schumer, D-N.Y., updates reporters on Democratic efforts to pass President Joe Biden's "Build Back Better" agenda, at the Capitol in Washington, Thursday, Sept. 23, 2021. (AP Photo/J. Scott Applewhite)
  8. This May 16, 2021, photo shows window air conditioners in New York. In the first Biden administration rule aimed at combating climate change, the Environmental Protection Agency is proposing to phase down production and use of hydrofluorocarbons, highly potent greenhouse gases commonly used in refrigerators and air conditioners.
  9. An Amazon truck drives in in Philadelphia, Friday, April 30, 2021. Amazon wants to hire 125,000 delivery and warehouse workers and said Tuesday, Sept. 14, 2021 that it is paying new hires an average of $18 an hour in a tight job market as more people shop online. The company is also offering pay sign-on bonuses of $3,000 in some parts of the country.
  10. A federal grand jury in Tampa charges three people with coercing migrant workers from Mexico to work using illegal means, including imposing debts, confiscating passports, verbal abuse and isolation, as well as threats of arrest, deportation and physical harm.
  11. [Getty Images]
  12. Dr. Sharona Ross, a general surgeon, explains the new features of a robotic surgery operating room at the new Taneja Center for Surgery at AdventHealth. The new six-story, $256 million facility on E Fletcher Avenue will offer state-of-the-art facilities primed for robotic surgery.
  13. In this Sept. 14 photo, a syringe is prepared with the Pfizer COVID-19 vaccine at a clinic at the Reading Area Community College in Reading, Pa. An influential panel of advisers to the Centers for Disease Control and Prevention met Wednesday to decide who should get COVID-19 booster shots and when.
  14. Eric Clapton will perform at Amalie Arena on Sept.25. The guitarist, though vaccinated himself, has been outspoken in his complaints about COVID-19 regulations, vaccinations and touring mandates.
  15. The seal of the Department of the Treasury is seen at the Treasury Department in Washington, D.C.
  16. FILE - In this Wednesday, Sept. 26, 2018 file photo, Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington. The strengthening U.S. economy is edging closer to achieving the Federal Reserve's goals for job growth and inflation, Chair Jerome Powell said  in a speech in which he offered few clues to a key question overhanging the economy: When will the Fed begin to withdraw its extraordinary economic support?
  17. A T-Mobile retail outlet in Prescott, Ariz., in September 2021. T-Mobile is pushing ahead with plans to bring workers back to its Washington headquarters at least part-time before the end of October.
  18. A general view of 3 D-printed house is seen at Shanghai Zhangjiang High-Tech Zone Qingpu Park on August 24, 2014 in Shanghai, China.
  19. United Nations Secretary General Antonio Guterres addresses the 76th Session of the U.N. General Assembly, Tuesday, Sept. 21, 2021, at United Nations headquarters in New York.
  20. An American Airlines plane pushes back from the gate at Dallas Fort Worth International Airport Terminal C. The Justice Department and officials in six states have filed a lawsuit to block a partnership formed by American Airlines and JetBlue, claiming that it will reduce competition and lead to higher fares.
  21. A Charles Rutenberg Realty sign marks a home for sale, 541 Locklie Street, on Thursday, Jan. 28, 2021, in Dunedin.
  22. Members of the House Appropriations Committee field questions about the politics of debt Tuesday at the Capitol. At center is chair Rosa DeLauro, D-Conn., and at right is Rep. Kay Granger, R-Texas, the ranking member.
  23. Former President Donald Trump, soeaking here in Dallas during July, has filed suit against his estranged niece, Mary Trump and The New York Times over a bombshell 2018 story about his family’s wealth and tax practices.
Advertisement
Advertisement